Lycra will launch its latest spandex/elastane innovation for the global personal care industry. The HyFit T859 fiber offers diaper manufacturers, adult incontinence and feminine hygiene products significant cost savings. The fiber cuts overall elastic consumption by 20 per cent, delivers more meters per kilogram of fiber by replacing heavier decitex with lighter decitex, decreases the amount of product handling and warehouse space required, produces a more environmentally-friendly product with a smaller carbon footprint and reduces emissions and transportation costs through regional product sourcing. As with all Lycra brand fibers, this innovation is backed by unmatched technical support that helps diaper manufacturers keep their operations running efficiently. The fiber was developed to help manufacturers reduce their operating costs and carbon footprint without sacrificing a garment’s quality or performance, or the consumer’s wearing experience. Lycra is committed to advancing the hygiene industry by innovating products that meet the consumer’s need for exceptional comfort and fit while also helping customers achieve their goals.

Lycra is an innovator and producer of fiber and technology solutions for apparel and hygiene industries and specialty chemicals. Based in the US, the company owns brands like Lycra, Coolmax, Thermolite, Elaspan, Supplex, Tactel, and Terathane. Lycra invented the original spandex yarn, Lycra fiber.

The Italian textile industry has adopted blockchain in a big way. Blockchain is a technology that enables use of a distributed database in management of shareable transactions between manifold nodes of a network. Every block of the chain will track, monitor and authenticate the movements that concern it to make a network which guarantees the traceability of all transactions. The technology uses cryptographic tools in order to ensure the maximum security per individual transaction. Blockchain technology is aimed at supporting the made in Italy project, protect its uniqueness and quality such as certifying the supply chain thanks to the mechanism of the shared register which enables attaining maximum security regarding counterfeit stabs. In particular the traceability of the tanning and textile sector chain by the use of distributed ledger technology (DLT) will add something significant to protect the made in Italy goods. Some Italian companies have already started applying blockchain technology in their production chain.

Traceability of the supply chain, through the use of Blockchain technology, is expected to contribute to protecting the Made in Italy product, certifying its effective implementation in Italy, contributing to increasing consumer confidence, also creating conditions of transparency, guarantee for employment and environmental protection.

For the fourth quarter Guess’ revenue increased 5.7 per cent. For the full year, revenue rose 10.4 per cent. International sales have accelerated during the past few years, and today Guess has distribution in more than 95 countries and a global retail value of over five billion dollars.

Denim has always been at the core for Guess as a dominant product category, one that brings the customer into the store. Guess hopes to get back into denim with a great product assortment, strong store presentation and effective marketing. For denim, the company’s focus will be on improving assortments, fabrics, washes, fits, styling and commanding a greater relevance on the fashion side, too. Guess, that will turn 38 this year, has been engaging new millennial and Gen Z customers—which Alberini said now represent more than half of the online customers doing business with Guess in the US—through innovative initiatives and meaningful collaborations with key celebrities.

Key areas that offer significant opportunities for further development are China, Japan, and eastern and northern Europe, which saw double-digit growth this past year. As for opportunities for savings, Guess has seen logistics and distribution costs increase considerably, though there’s hope that will abate.

Net sales of New York-based G-III Apparel Group increased 10 per cent to $3.08 billion over the previous year. Net income for the fiscal year ended January 31, 2019, more than doubled reaching $138.1 million, or $2.75 per diluted share, compared to $62.1 million, or $1.25 per diluted share, in the prior year.

The company forecasts net sales will grow approximately $3.28 billion and net income will be in the range $162.0 mllion and $167.0 million, or between $3.18 and $3.28 per diluted share, iin fiscal 2020. 

Morris Goldfarb, Chairman and CEO attributed this growth to its five global power brands -- DKNY, Donna Karan, Calvin Klein, Tommy Hilfiger and Karl Lagerfeld -- in conjunction with DKNY and Donna Karan products being created and developed in-house for the last full-year. The group’s sales have flourished since acquiring the DKNY and Donna Karan brands from LVMH in 2016, seeing double-digit growth. 

Bremen Cotton Exchange says estimates of water used in cotton farming are exaggerated. It says the majority of cotton is irrigated by rain water and that cotton is able to grow in especially dry climates. It is commonly assumed that between 10,000 and 17,000 liters of water are necessary to produce one kilogram of cotton. Bremen Cotton Exchange is out to dispute such claims which are found on the internet, in newspapers and magazines, on radio and television, as well as on social media. The cotton exchange says false information is being reproduced. It points to recent global research by the International Cotton Advisory Committee which shows that producing one kilogram of ginned cotton requires on an average only 1,214 liters of artificial irrigation water worldwide, that 41.3 per cent of the total volume of cotton production does not require artificial irrigation and that 55 per cent of the global cotton growing area is irrigated exclusively by rain.

In recent years, cotton producers in many countries have used modern irrigation systems, which have led to a huge increase in the efficiency of water use. Thus, it is now possible to produce significantly more cotton using less water using computer-controlled sensor technology.

The value of Vietnam’s leather and footwear exports in 2018 was up 8.3 per cent. The industry has targeted growth rate of 10 per cent export value this year.

Vietnam exports a billion pairs of shoes every year and is the second largest leather and footwear exporter in the world. The footwear industry’s export revenue from CPTPP members is expected to increase by 10 to 15 per cent in 2019 because of the high reduction in tariffs and other regulations in CPTPP that became effective in Vietnam earlier this year. Vietnam signed free trade agreements with many CPTPP member countries such as Japan, Malaysia, Singapore and Brunei. The localisation rate in the industry has increased rapidly, reaching 50 per cent. With this rate, rules of origin under commitments of the agreements are not a big obstacle to domestic footwear enterprises in enjoying preferential tariffs.

Vietnam’s leather and footwear industry is expanding its export markets. The industry is using new technologies and environmentally-friendly materials to increase shares in fastidious markets. Global demand for leather and footwear in recent years has reached about 23 billion pairs. Shoes are mainly produced in 10 countries, including China, India, Vietnam and Indonesia.

PVH Corp owned brand Tommy Hilfiger, launched the second edition of the Tommy Hilfiger Fashion Frontier Challenge. This global program supports entrepreneurial start-up and scale-up stage businesses to develop solutions that promote inclusive and positive change in fashion. After a successful first year, the company is excited to continue to work on identifying opportunities that support the advancement of the fashion industry.

Businesses interested in this initiative can submit their project proposals focusing on inclusive fashion. These applicants will be narrowed down to six finalists over a multi-stage four-month process. They will be invited to develop their project plans with the support of a team of dedicated Tommy Hilfiger subject-matter experts at the Campus of the Future in Amsterdam, the Netherlands. They will pitch their finalised concepts at the global Tommy Hilfiger Fashion Frontier Challenge Final Event in early 2020, where a prestigious jury panel will award €150,000 among two winners to support their ventures. 

The winners will also receive a year-long mentorship with Tommy Hilfiger’s experts globally as well as INSEAD experts, in addition to a place on the INSEAD Social Entrepreneurship Program (ISEP). An additional €10,000 will be awarded to the finalist who wins the “Audience Favorite Vote”.

Target has joined the CanopyStyle initiative which is gaining serious industry traction among partners. As a new signatory, Target will work closely with its vendors, suppliers and other partners to understand the origin of viscose and other raw materials it uses and to improve the sustainability of forests where the timber in those products was grown.

The company will improve feedstock for future viscose production by using cellulosic materials that have been responsibly sourced. The US-based retailer aims to outlaw the use of pulp for viscose from endangered and ancient forests from its supply chain by 2020.

Canopy notes that viscose production is slated to have doubled between 2013 and 2020 and pulp production for packaging is slated to increase than 100 per cent by 2030, from 2.3 billion trees per year to 5 billion trees. Canopy also notes that marketing for all forest derived products as being equally ‘renewable’ and ‘sustainable’ – regardless of whether it originates from carbon and species rich ancient and endangered forests, or sustainably managed second growth forests is steadily on the rise.

Spinning mills in Bangladesh are contributing remarkably to the growth of the readymade garment industry of the country. The spinning industry of Bangladesh with 12.50 million spindles is capable of meeting 95 per cent of the yarn demand of the garment sector. Wovens, sweaters and home textiles are mostly based on imported fabrics and yarns, and the spinning industry can meet 40 per cent of their yarn requirements. Bangladesh’s knit and denim garment sector has already developed a very strong backward linkage industry -- spinning-knitting/weaving-dyeing and finishing -- which are mostly made with cotton and cotton blends of different kinds. The cost of cotton is 60 per cent to 70 per cent of the total cost of a spinning mill. Last year Bangladesh, the biggest importer of cotton in the world, imported 7.20 million bales of cotton.

Spinning is a power hungry industry that mostly depends on captive gas generators. It is important for the industry to be assured of uninterrupted power at reasonable cost in the long run. The spinning industry of the country is more than four decades old. But foreigners dominate top positions in mills. Employing overseas persons not only drains out foreign currency but also results in unemployment and frustration for local professionals and technicians.

Future Possibilities, based in the UK, is a platform built by Soorty that travels the world to build dialogue between different layers of supply chain. It presents innovations in manufacturing solutions and technology in a language that will relate to the end customer. The platform is working to carry the sustainability conversation forward, to make it more consumer-facing. It has hosted brands (sustainability departments or denim development teams), schools (designers of the future), NGOs that are working to make sustainable fashion not a choice but the regular way of the industry, collaborative platforms that move fashion forward, and also Soorty’s communication partners who have influence on individuals about the decisions they make and the options they have.

Future Possibilities involves various stages of experiences that engage its audience. The primary one is Soorty’s cotton to garment table which showcases each and every stage of production. The customer/visitor is always surprised to see that there are so many steps involved, that there is so much effort going on at the backstage, and no matter how much it is interrelated with technology, there is still a lot of human touch going on. The second step is Soorty’s denim curiosity table, which shows different responsible materials and manufacturing methods that can be involved in Soorty’s denim production.